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Claims and Insurance Policy for Sale
Listing Information
Attachments
Claims and Insurance Policy for Sale
Price: $5,000.00
Other Item Info
Item #: debke_168513
Created: 02/03/2018
Category: Business Property > Financial > Other
Sale Location: Wilmington, Delaware
Sale Date: Thu. Feb 22, 2018
Created: 02/03/2018
Category: Business Property > Financial > Other
Sale Location: Wilmington, Delaware
Sale Date: Thu. Feb 22, 2018
Seller Info
Alan Michael Root
Trustee's Attorney
300 Delaware Avenue Suite 1100
Wilmington, DE 19801
302-356-6623
Trustee's Attorney
300 Delaware Avenue Suite 1100
Wilmington, DE 19801
302-356-6623
Bankruptcy Info
Case #: 1:17-bk-11313
Case Title: Soup Liquidation LLC
Court: Delaware Bankruptcy Court
Chapter: 7
View Case Docket
Case Title: Soup Liquidation LLC
Court: Delaware Bankruptcy Court
Chapter: 7
View Case Docket
Description
Sale of Claims and Insurance Policy, described as below:
- Claims: Any and all claims and defenses that the seller's estates may have against the seller's current or former directors, officers, members or managers (the “Litigation Claims”). Notwithstanding the foregoing, the Trustee shall retain any defense (on a non-exclusive basis) against any claimant against the Debtors’ Estates to the extent needed by the Trustee to object to claims filed against the sellers; and
- Insurance Policy: To the extent permissible under applicable law, all rights of the Trustee, the sellers or the Estates under the seller's Executive Advantage Plus Insurance Policy from Liberty Insurance Underwriters Inc., as insurer, with a policy number DONYAAZMFK004 (the “D&O Policy”) in connection with the Litigation Claims.
Financial Overview
Income and Expenses ($)
months
Revenue/Gross Income:
Total Expenses:
Cash Flow:
Asset and Liability Summary ($)
Receivables:
Inventory:
FF&E:
Real Estate:
Total Assets:
Liabilities to assume:
Sale Location
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Wilmington, DE, 19801
Additional Details
Sale Hearing in "Courtroom #2" @ 10:30 a.m.
Bid Deadline: February 15, 2018
Last date to respond: February 15, 2018